USDT Dominance – Diagonal Ending? | Wave F in Progress

8月6日

🔸 Market Structure:

Tether dominance is currently unfolding in a contracting diagonal (Diametric) formation, and we are now in wave F of the structure. Diagonals typically alternate in direction and converge toward a terminal point.

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🔸 Key Observations:
• Price has rejected from the top of wave E
• Wave F is now unfolding as a corrective move down
• Two potential targets are identified for wave F completion

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🔹 Scenario 1 (Sc1): 4.40%
• Short-term ascending trendline support
• Possibility of a shallow correction before another bounce
• Less ideal in terms of geometric balance of the diametric

🔹 Scenario 2 (Sc2): 4.28%
• Aligns with the lower boundary of the diametric pattern
• Converges near previous demand/resistance flip zone
• Better symmetry and structure for a completed wave F
• This scenario is currently more probable

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🎯 Expected Path:

Wave F likely targets 4.28% before any significant bounce, aligning with a complete structure.

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📌 Summary:

USDT dominance is likely in the final stages of a Diametric pattern. We’re watching for signs of completion around 4.28%, which aligns better structurally. A bounce from 4.40% is possible, but less favored unless strong bullish evidence appears.

8月7日

交易進行

Scenario 1 has reached its projected target. We are currently tracking the price action to validate the conditions for Scenario 2.